perkoa drilling comment, page-6

Also note that in reference to the Mumbwa round of drilling Aim had to spend a specified amount in a specfied time to earn the 70%(?) ownership of the project,which imo is why they drilled other POSSIBLE targets prior to drilling the S36 target.

Sure this gives them a better understanding of the region gelogically but much of this can be done these days via magnetics and their strong computer modelling techniques.Dont forget Aim is backed by the best in BHPb's exploration technology which has been proven via its application to known deposits such as Olympic dam.

Take this as you will but companies can and do use "ways of exploring" to further there interest in such projects.

If Aim had simply gone to S36 there is a high likelyhood that they would not have to of spent nearly as much as BHPb required for them to earn their 70%,This way they will.

ALSO and this may be a much bigger factor in the scheme of things,the Mumbwa drilling may well have also been structure this way so the annmnt came about when needed in terms of the positioning of some Perkoa investors!

And you may well take this as conjectural speculation, but if one considers the sudden change in the attitude to the Mumbwa exploration I think this has a strong circumstantial arguement.

Too close to the mark(?) or simply too speculative;-)

d.